AGTHX vs FSKAX: 48% overlap

American Funds Growth Fund of America A and Fidelity Total Market Index share 48.1% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.

Hold both, 50/50
1.5Effective Funds

You would hold two tickers and get the diversification of 1.5. Two funds that shared nothing would score 2.0; two identical funds score 1.0.

Overlap
48.1%
AGTHX expense ratio
0.61%
FSKAX expense ratio
0.01%

Top shared holdings

AGTHX and FSKAX hold 229 of the same securities. The ten contributing most to the overlap figure:

Holdingin AGTHXin FSKAXΔ
NVDA6.1%6.5%0.4%
MSFT4.0%4.4%0.3%
AMZN2.9%3.1%0.2%
GOOGL2.9%2.7%0.2%
AVGO4.3%2.3%2.0%
GOOG2.9%2.2%0.8%
META4.2%2.1%2.1%
AAPL1.8%5.9%4.0%
TSLA2.6%1.7%0.9%
LLY3.3%1.3%2.1%

Where AGTHX and FSKAX differ

Sector weights as a share of each fund, ordered by the size of the gap rather than the size of the sector — two funds that overlap heavily still usually diverge somewhere.

SectorAGTHXFSKAXΔ
Financials6.5%12.2%5.7pp
Unclassified7.6%4.0%+3.6pp
Communication Services13.2%9.7%+3.5pp
Consumer Discretionary12.7%9.6%+3.1pp
Consumer Staples2.4%5.1%2.7pp
Utilities0.5%2.4%1.9pp
Real Estate0.6%2.4%1.8pp
Energy1.9%3.5%1.5pp

Δ is AGTHX minus FSKAX, in percentage points. Sector data is not published by every issuer, so “Unclassified” is a real category rather than a gap in the table.

What each fund holds alone

Only in AGTHX
79 positions

18.5% of AGTHX by weight, held in no part of FSKAX.

Only in FSKAX
3,524 positions

33.9% of FSKAX by weight, held in no part of AGTHX.

A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.

Concentration and cost

AGTHXFSKAX
Top 10 holdings36.7%32.1%
Positions held3093,754
Cost per $10,000 held, per year$61$1

Cost is the expense ratio applied to $10,000; it excludes any brokerage commission, bid-ask spread or tax consequence. Figures are facts about the funds, not a suggestion about which to hold.

Frequently asked

How much do AGTHX and FSKAX overlap?

AGTHX and FSKAX overlap 48.1% by portfolio weight — moderate overlap. They share 229 holdings. The figure comes from current issuer holdings files (AGTHX as of 2026-02-28, FSKAX as of 2026-02-28).

How is the overlap between AGTHX and FSKAX calculated?

As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If AGTHX holds a stock at 6% and FSKAX holds the same stock at 4%, 4% counts as shared. The result is bounded between 0% and 100%, and it is computed after looking through any fund-of-funds to the underlying holdings.

Is it redundant to hold both AGTHX and FSKAX?

That depends on your goals — we state facts, not advice. At 48.1% overlap, each fund still contributes meaningfully distinct exposure.

What does AGTHX own that FSKAX doesn't?

AGTHX holds 309 positions and FSKAX holds 3,754; 79 of AGTHX's positions don't appear in FSKAX at all, and they are 18.5% of AGTHX by weight.

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Related comparisons

Sources: issuer holdings files, AGTHX as of 2026-02-28, FSKAX as of 2026-02-28. Weights are fractions of each fund. Diagnostics, not advice.